Riverbridge Partners LLC Trims Stake in Analog Devices, Inc. $ADI

Riverbridge Partners LLC cut its position in Analog Devices, Inc. (NASDAQ:ADI) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 374,366 shares of the semiconductor company’s stock after selling 14,148 shares during the quarter. Analog Devices makes up 1.9% of Riverbridge Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Riverbridge Partners LLC’s holdings in Analog Devices were worth $101,528,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ADI. Howard Hughes Medical Institute purchased a new stake in Analog Devices in the second quarter valued at approximately $25,000. Clayton Financial Group LLC purchased a new position in shares of Analog Devices during the third quarter worth approximately $31,000. Y.D. More Investments Ltd acquired a new position in shares of Analog Devices in the 3rd quarter valued at $32,000. LFA Lugano Financial Advisors SA raised its position in Analog Devices by 92.9% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 65 shares during the last quarter. Finally, Valley Wealth Managers Inc. acquired a new stake in Analog Devices during the 3rd quarter worth $38,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

In other news, SVP Katsufumi Nakamura sold 500 shares of Analog Devices stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $301.46, for a total transaction of $150,730.00. Following the completion of the sale, the senior vice president directly owned 12,710 shares in the company, valued at $3,831,556.60. The trade was a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the sale, the chief executive officer owned 155,688 shares in the company, valued at approximately $47,783,760.96. This trade represents a 6.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 41,449 shares of company stock worth $12,336,069 in the last quarter. 0.36% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on ADI shares. Wells Fargo & Company upped their target price on shares of Analog Devices from $340.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Weiss Ratings raised Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 18th. TD Cowen reiterated a “buy” rating on shares of Analog Devices in a research note on Thursday, February 19th. Barclays boosted their target price on Analog Devices from $375.00 to $430.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $410.00 price target on shares of Analog Devices in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $366.96.

Analog Devices Trading Down 2.7%

Shares of ADI stock opened at $313.42 on Friday. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $363.20. The stock has a market cap of $153.01 billion, a P/E ratio of 57.30, a P/E/G ratio of 1.48 and a beta of 1.00. The business has a fifty day simple moving average of $323.80 and a 200-day simple moving average of $279.17. The company has a quick ratio of 1.35, a current ratio of 1.76 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.31 by $0.15. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a $1.10 dividend. This is a boost from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Tuesday, March 3rd. Analog Devices’s dividend payout ratio (DPR) is currently 80.44%.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.